1.

Record Nr.

UNINA9910812248003321

Titolo

Implementing an inclusive and equitable pension reform : lessons from India's new pension scheme / / Cheolsu Kim. [et al.]

Pubbl/distr/stampa

London ; ; New York : , : Routledge : , : Asian Development Bank, , 2012

ISBN

1-280-68201-9

9786613658951

0-203-12103-1

1-136-32520-4

Edizione

[1st ed.]

Descrizione fisica

1 online resource (279 p.)

Altri autori (Persone)

KimCheolsu

Disciplina

331.25/22

Soggetti

Pensions - Government policy - India

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"Co-publication of the Asian Development Bank and Routledge."

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

pt. 1. Introduction, background, and context -- pt. 2. The pension system reform -- pt. 3. NPS communications, marketing, and business practices -- pt. 4. The economics and demography of the NPS -- pt. 5. Occupational pension schemes -- pt. 6. Towards an integrated policy.

Sommario/riassunto

India is ageing.One response of Indian policy makers has been introduction of the New Pension Scheme (NPS), a defined contribution pension scheme which is mandatory for civil servants and voluntary for the rest of the population. Given the size of the target population, even if take up is modest, NPS savings may soon provide huge amounts of capital to the Indian economy. However, challenges are abound. What governance structure will best achieve the ultimate policy goal of serving the needs of savers? What business processes and information technology design will serve members